April 26, 2024

Review of the cryptocurrency exchange Currency.com

Review of the cryptocurrency exchange Currency.com

As the value of Bitcoin rises to new highs and the crypto industry emerges from the crisis, interest incryptocurrencies have grown exponentially.The demand for cryptocurrencies today is simply colossal, and the demand is growing both among the so-called retail traders, that is, ordinary people, and from large investment funds and other legal entities.

A quite reasonable question arises: where can you invest in cryptocurrencies reliably and safely both by individuals and legal entities in Russia and the CIS? At Currency.com.

What is Currency.com?

Currencycom is the first fully regulated crypto exchange for tokenized assets, with offices in London, Gibraltar and Minsk. The activities of Currency.com are regulated by the Presidential Decree «On the Development of the Digital Economy» and other legislation of the Republic of Belarus. Currency Com Limited has a DLT license from the Gibraltar financial regulator, and is also registered with the American FinCEN and Canadian FINTRAC as a Money Services Business.

Currency.com offers its clients more than 2,000 different assets for trading, including top cryptocurrencies and DeFi project tokens, as well as tokenized stocks, stock indices, commodities, ETFs, currencies and bonds. Such a variety of assets allows you to diversify your investment portfolio as flexibly as possible, which in fact is not possible for any cryptocurrency exchange.

Currencycom became the first platform to combine traditional and digital markets. Clients of the crypto exchange can now not only invest fiat currencies in cryptocurrencies and other assets, but also cryptocurrencies in traditional assets.

Review of the cryptocurrency exchange Currency.com

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Trading on the platform is available in the "Trades" mode,when you buy or sell assets directly, or in Leveraged Trading in derivative financial instruments. The amount of leverage depends on the type of assets:

  • up to 100x for cryptocurrencies, stocks, ETFs and indices;
  • up to 200x for commodities;
  • up to 500x for tokenized currencies.

The commission for performing trading operations also depends on the type of financial instrument and trading mode:

Trading mode (spot market):

  • cryptocurrency: 0.2%;
  • tokenized shares, indices, commodities and ETF: 0.05%;
  • tokenized bonds: 0.03%;
  • tokenized currencies: 1%.

Trading with leverage:

  • takers (crypto): 0.075%;
  • makers (crypto): -0.025%.

Review of the cryptocurrency exchange Currency.com

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You can top up your account and withdraw funds fromusing a bank card, bank transfer, through the SEPA payment system for EU residents, as well as the Yandex.Money electronic wallet in USD, EUR, GBP, RUB and BYN. The minimum deposit amount is only $10. Most withdrawal requests are processed on the same day, and deposit requests within 20 minutes. Considering that Currency.com is a crypto exchange, you can top up your balance and withdraw funds in cryptocurrencies: BTC, ETH, XRP, LTC, BCH, USDT, as well as DeFi tokens UNI, COMP and LINK.

Currency.com is distinguished by a simple and transparent system of commissions: 3.5% when replenishing from a card or e-wallet, 2.4% + 3 USD when withdrawing to Visa and 1.9% + 3 USD - to MasterCard. Replenishment from bank accounts is completely free, and withdrawal will cost 0.15% (minimum 20 USD, maximum 150 USD). Please note that an additional 15% fee is charged for withdrawals to an offshore bank account.

Review of the cryptocurrency exchange Currency.com

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Especially for those who are just starting to learnthe world of cryptocurrencies, as well as trading in them, the “Trading Academy” is available on Currency.com. The Academy consists of 10 lessons, each of which, step by step and in an accessible language, explains how cryptocurrencies and tokenized assets work, how to trade them, how to invest and how to avoid the risk of losing capital. Each lesson is supported by a video for those who can visually perceive new information easier. After completing the training course, you can try your hand at a demo account that will help you get a feel for the market without risking real money. Here you can also work out trading strategies, including those developed by you personally.

Investments on the crypto exchange are available not onlyindividuals, but also legal entities. Now companies have the opportunity to invest free funds, as well as attract investments on the Currency.com cryptocurrency exchange, which became the first legal platform for exchanging cryptocurrencies by bank transfer in the EAEU (Belarus, Russia, Kazakhstan, Kyrgyzstan, Armenia). Corporate clients receive additional privileges:

  • Priority online registrationaccompanied by a specialist. To register, company representatives do not need to visit the exchange office; the entire procedure takes place online.
  • Accelerated verification.Completing the KYC (“know yourclient"), subject to the rules of AML and CTF ("anti-money laundering and combating the financing of terrorism"), is carried out on a priority basis, usually within 1-2 days.
  • Increased limits for cashless and cryptocurrency transfers.Corporate accounts receive higher limits for trading and other transactions, both for wire transfers with fiat currencies and for transactions with cryptocurrencies.
  • Personal account manager.An industry expert provided by Currency.com can provide advice and answer any questions you may have regarding your exchange. The personal account manager service is provided free of charge.

The crypto exchange has not only a web version, but also applications for smartphones based on the iOS and Android operating systems.

Review of the cryptocurrency exchange Currency.com

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During the operation of the Currency.com there has not been a single case of hacking or theft of user funds. The site uses Equinix LD4 servers, which are located in the financial center of London, which ensures high security for storing clients' funds and data.

Considering all of the above, you canmake a single conclusion: Currency.com is the first of its kind, fully regulated and transparent crypto-exchange of tokenized assets, which differs from other platforms in the variety of assets, flexibility, comfortable conditions for investment, the highest level of security and is available for both individuals and legal entities ...

Review of the cryptocurrency exchange Currency.com

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5
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5
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1

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